Nigerian miners accuse IOCs of economic sabotage
Miners of barite in Nigeria have accused international oil companies of economic sabotage of importing the mineral into the country.
They alleged that the IOCs...
MOMAN reveals N10tn spent on subsidy, calls for full deregulation
The Major Oil Marketers Association of Nigeria has revealed that the Federal Government has spent about N10n subsidising petroleum products in the last 15...
Power sector privatisation exposes structural weakness in sector- GenCos
The privatisation of the power sector has exposed the inherent structural weakness in the sector, according to the electricity generation companies in the country.
The...
Senate asks FG to reverse privatisation of power sector
The Senate has urged the Federal Government to consider a thorough evaluation of the power privatisation policy with a view to changing the current...
House of Reps directs NNPC to reinstate 470 refineries workers
The House of Representatives has directed the Nigerian National Petroleum Corporation to reinstate the 470 workers allegedly sacked by the Kaduna Refining and Petrochemical...
COVID-19: Mobil to donate vehicles, ambulances and medical supplies
Mobil Producing Nigeria, an ExxonMobil affiliate, has revealed that it is donating 22 additional vehicles including two ambulances and medical supplies to various state...
Oil prices bounce back, highest in two months
The international oil price benchmark, Brent crude, climbed to its highest level since March on Monday as major oil producers slash their output levels...
NLNG celebrates 31st anniversary, lists achievement
The Nigeria LNG Limited has disclosed that it has paid over $13bn to the Federal Government for feed-gas purchase since the commencement of its...
Nigeria's refineries records N18.9Bn loss in two months
The Nigerian National Petroleum Corporation has revealed that the refineries owned by the Federal Government recorded a total loss of N18.96bn in the first...
Nigeria’s refineries records N18.9Bn loss in two months
The Nigerian National Petroleum Corporation has revealed that the refineries owned by the Federal Government recorded a total loss of N18.96bn in the first...
